Peter DeGroot, Head of Muni Research at JP Morgan, Mark Paris, Head of Municipal Bonds at Invesco, and Sean McCarthy, CEO of BAM Mutual discuss the state of the municipal bond market amidst declining U.S. consumer confidence. They highlight record bond issuances focused on infrastructure and the impact of potential tax reforms on market stability. The trio delves into the importance of tax exemptions for public services and the ongoing evolution of credit risks faced by municipalities, particularly in the face of natural disasters.
